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Sanders Pushes for Wall Street Reforms

Tuesday, August 20, 2013

As the United States nears the fifth anniversary of the financial crisis next month, Sen. Sanders addressed the need for regulators to implement Wall Street reforms. In an interview on the Ed Schultz radio program, Sen. Sanders said “If we are ever going to be successful in rebuilding a collapsing middle class, and dealing with poverty, and creating the jobs that we desperately need in this country, you have to deal with Wall St. You just can’t push it aside.” Sanders also told the radio audience that Wall Street banks “write two-thirds of the credit cards in America, half of the mortgages in America, 95 percent of the derivatives in America, and they play a huge role in the oil futures market and their speculation there drives up oil prices that the average driver sees at the gas pump.”